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Victory Lakes, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,577
Population
$89,907
Median Income
$271,800
Home Value
46.0
Median Age

Demographics

Victory Lakes has a population of 1,577 with a median age of 46.0. Here is the racial and ethnic breakdown of the population:

White
96.1%
Hispanic
5.5%
Black
2.6%
Demographic Value
Total Population1,577
Median Age46.0
White96.1%
Black or African American2.6%
Asian0.1%
Hispanic or Latino5.5%
Victory Lakes, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 104.White: 92.1%Hispanic/Latino: 5.3%Black: 2.5%Other: 0.1%1,577PopulationWhiteWhite92.1%Hispanic/LatinoHispanic/Latino5.3%BlackBlack2.5%OtherOther0.1%

Income & Economy

The median household income in Victory Lakes is $89,907, which is 11.5% above the national median of $80,610. The per capita income is $44,725. The poverty rate is 15.9%.

$89,907
Median Household Income
$44,725
Per Capita Income
15.9%
Poverty Rate

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Education

In Victory Lakes, 95.5% of residents age 25+ have a high school diploma or higher, and 27.7% hold a bachelor's degree or higher (8.6% with a graduate or professional degree).

HS Diploma+
95.5%
Bachelor's+
27.7%
Graduate+
8.6%
Education Level % of Adults (25+)
High School Diploma or Higher95.5%
Bachelor's Degree or Higher27.7%
Graduate or Professional Degree8.6%

Housing

The median home value in Victory Lakes is $271,800, below the national median of $303,400. The homeownership rate is 90.8%.

$271,800
Median Home Value
90.8%
Homeownership Rate
Housing Metric Value
Median Home Value$271,800
Homeownership Rate90.8%
Vacancy Rate8.5%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Victory Lakes, New Jersey?
The population of Victory Lakes, New Jersey is 1,577 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Victory Lakes, New Jersey?
The median household income in Victory Lakes, New Jersey is $89,907. This is 11.5% above the national median of $80,610.
What is the median home value in Victory Lakes, New Jersey?
The median home value in Victory Lakes, New Jersey is $271,800.
What percentage of people in Victory Lakes have a college degree?
In Victory Lakes, New Jersey, 27.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.5% have a high school diploma or higher.
Is Victory Lakes, New Jersey an affordable place to live?
The home price-to-income ratio in Victory Lakes, New Jersey is 3.0x (median home value $271,800 vs. median income $89,907), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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